Trustev Blog
Blog Trustev. A blog about fraud and anti-fraud technology | We stop e-commerce fraud.
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Blog.trustev.com news digest
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9 years
The identity theft problem at the IRS, and how to fix it
Yesterday, 60 Minutes ran a terrific segment on “stolen identity tax fraud,” a fast-growing scam whereby fraudsters use stolen identities to file fake tax returns, then have the refunds sent to them, instead of the real person.
The scam has tripled in the past three years, because it is surprisingly easy: personal data can be purchased online or from corrupt office clerks relatively cheaply, and the fraud scheme only requires basic details — a social security number and the... -
9 years
Home Depot confirms biggest card hack in history
Home Depot this afternoon confirmed what speculation had already pegged as the largest payment card data breach in history, with up to 56 million payment cards compromised.
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9 years
Redbox Instant suspends new signups. The first fallout of Home Depot megahack?
In what appears to be the first public fallout of the recent Home Depot mega-hack, Redbox Instant, the Verizon/Redbox partnership that competes with Netflix, has temporarily closed signups to new users, saying that "criminals were misusing our new customer...
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9 years
4 reasons Apple Pay won't kill the credit card
Among many very interesting announcements at Apple’s event today was one of special interest to Trustev: Apple Pay. A very smart move, it will make payments more convenient for Apple’s customers and increase security. And for Apple it gets them a toehold...
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